Servicetitan, Inc. income statement
In fiscal 2026, Servicetitan, Inc. reported revenue of $961m, up 24.5% on the year before, operating income of −$169m (a -17.6% margin) and net income of −$160m, or −$1.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|
| Revenue | 468 | 614 | 772 | 961 | 1,065 |
| Cost of revenue | 202 | 238 | 271 | 287 | 308 |
| Gross profit | 266 | 377 | 501 | 674 | 757 |
| Research and development | 159 | 204 | 263 | 303 | 349 |
| Selling and marketing | 197 | 220 | 253 | 291 | 302 |
| General and administrative | 132 | 136 | 214 | 249 | 244 |
| Operating income | −222 | −183 | −230 | −169 | −138 |
| Interest expense | 55 | 16 | 16 | 7 | 4 |
| Provision for credit losses | 0 | 3 | 4 | 9 | 7 |
| Income before tax | −283 | −191 | −237 | −157 | −125 |
| Income tax | −13 | 4 | 2 | 3 | 4 |
| Net income | −270 | −195 | −239 | −160 | −129 |
| Diluted EPS | −$9.31 | −$7.24 | −$8.53 | −$1.73 | −$1.36 |
| Diluted shares (average) | 30m | 33m | 42m | 92m | 95m |
| EBITDA | −164 | −102 | −150 | −86 | −56 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 199 | 209 | 216 | 242 | 249 | 254 | 269 | 293 |
| Cost of revenue | 69 | 71 | 67 | 71 | 73 | 76 | 75 | 84 |
| Gross profit | 130 | 138 | 148 | 171 | 176 | 178 | 194 | 209 |
| Research and development | 66 | 76 | 69 | 73 | 79 | 82 | 88 | 101 |
| Selling and marketing | 68 | 70 | 69 | 70 | 78 | 74 | 73 | 77 |
| General and administrative | 40 | 92 | 60 | 64 | 62 | 65 | 58 | 59 |
| Operating income | −44 | −100 | −50 | −35 | −42 | −43 | −26 | −28 |
| Interest expense | 4 | 3 | 2 | 2 | 2 | 1 | 0 | 0 |
| Provision for credit losses | 1 | 1 | 4 | 2 | 2 | 2 | 2 | 1 |
| Income before tax | −46 | −100 | −46 | −32 | −39 | −40 | −22 | −24 |
| Income tax | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 1 |
| Net income | −46 | −101 | −46 | −32 | −40 | −42 | −23 | −25 |
| Diluted EPS | −$1.74 | −$3.35 | −$0.51 | −$0.35 | −$0.42 | −$0.44 | −$0.24 | −$0.26 |
| EBITDA | −24 | −79 | −30 | −15 | −22 | −20 | −6 | −8 |
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